Trump’s Tariff Setback might be good for crypto in long run

Crypto prices tumbled after U.S. President Donald Trump declared a national emergency and imposed broad tariffs on all countries. At first, markets reacted positively to the 10% base tariff, but that optimism faded fast as more details came out.

Starting April 5, all countries will face a 10% tariff, with some getting hit even harder—China at 34%, the EU at 20%, and Japan at 24%. Speaking from the White House’s Rose Garden, Trump justified the move, claiming the U.S. was simply charging other nations “half of what they charge us.”  

David Hernandez, a crypto investment expert at 21Shares, pointed out that while the announcement caused volatility, it also brought clarity. “Markets thrive on certainty. Now that speculation is…

Source link